Trump’s social media venture sees strong Wall Street debut

by ian

Donald Trump’s media company, including its social media service Truth Social, saw a strong stock market debut on Tuesday.

In the following hours, the price of Trump Media and Technology Group shares rose 14.2% to just over $66 per share. The group now has a market value of just under $10 billion.

Host of Financial Issues Shana Burt noted that while the stock could be presumed biblically responsible, she still urged caution for potential investors. She added that the social media platform has fewer users and less income than any social media network that has gone public before.